Hello,

Thank you very much for shopping with us. You are right - the demand for cryptocurrency and hardware wallets (especially Ledger Nano S) are stronger than ever, and we are soon going to stop taking the pre-orders for the early July shipment.

No; delivery outside of Singapore is not included in the price. Delivery to Peninsular Malaysia using a courier from S$7 (East Malaysia is more expensive). We were previously using registered mail, but we believe we found a faster option.

From my experience, ShapeShift is more expensive (the commission, exchange rate, etc). Also, I generally don't trust third party wallets online. There are a few 'scam' wallets on Apple App Store, which look very sleek, but which others have raised red-flags.

I was searching for a better (or best) option to store my beloved cryptos, and found Ledger Nano S.

I only sell what I use personally for myself. I don't even trust some of the exchanges - e.g. see Mt Geox.

Delivery is expected to start first week July 2017.

Lol. I should create my own crypto ICO with this avatar...

I would say what people have said to me before - before I got my first Ledger Nano S (I did a lot of research before choosing Ledger Nano S):

1. If you have more than US$1,000 in crypto (or expect your coins to appreciate more than that amount), get a hardware wallet or a paper wallet. For me, a paper wallet is tough to manage (especially if you trade) and I would like an easy integration such as with MEW [the real MEW].

n.b. Even if you have Ledger Nano S, it does not support all coins, such as Lumens, and Waves. Ledger SAS is adding more coins (they just added Ripple a few weeks back). The current list of supported cryptos is: Bitcoin; Ethereum / Ethereum Classic (use MEW to access Ethereum alt coins like Golem, Gnosis, BAT, etc); Ripple; Litecoin; Dogecoin; Zcash (z-addresses are not supported); Dash; Stratis. Monero is expected to be added next.

2. You may have to use online exchange accounts one way or another and you must keep such accounts safe as well. Please use a two-factor authentication (such as Google authentication) if the exchange supports it. Most reputable ones do. An online customer told me just yesterday he lost quite a sum because his exchange account got hacked (stolen password). He did not use two-factor.

3. Even if you exchange account is secure, they are prone to mass hacks (see Mt Geox), DDOS, mismanagement or fraud (those dodgy ones), etc, so it is dangerous for your cryptos to be in the exchange. For me, if Ledger Nano S supports the coin, I will transfer the crypto immediately to the device after a trade. I trust in my Ledger Nano S a lot. I worry for my cryptos still left at the exchange (e.g. Lumens) and hope Ledger SAS will support it soon.

4. BUT Even if you have Ledger Nano S, please keep your 'seed' very very very very safe (I cannot emphasize enough). Even if you lose your Ledger Nano S, you can backup using the seed. So if you lose your seed, and you lose your password or Ledger Nano S, you lose it forever. It works like a double edged sword; if someone gets hold of your seed somehow (say you email yourself with those seeds and a hacker manage to get access of your email, or you take a picture of it and save it on dropbox and a hacker hacked your dropbox, they will have access to your funds (basically they just have to backup the funds to another Ledger Nano S using that seed).

I keep my Ledger Nano S seed away from networks/internet and will never type it on a computer or mobile device. I don't even take a picture of it. It is in my safe.


My tip is: (1) Buy Hardware Wallet. (2) Keep the seed very very very safe. (3) Use a two-factor authentication for exchanges. (4) And enjoy the ride!




This post has been edited by CoinZin: Jun 7 2017, 07:42 PM

Yes for the first question. No for the second question.


Seed on ledger nano s is recovered through a 24 words backup. It is not password to the device, but more like a encrypted master key.

If you enter the password wrongly three times of ledger nano s, your device gets reset/wiped. You need to enter the 24 word to recover your wallet. If you lose the 24 word, or if another untrusted person has the 24 word, you lose your wallet.

This post has been edited by CoinZin: Jun 7 2017, 09:45 PM

He should NEVER give out the seed (unless you really trust the person)

Exactly right in relation to private key and seeds.

Don't give the support your seed or 24 words - do it yourself! Also I don't know how support can access your new ledger device and restore for you without physically being there - as far as I am aware, that is not possible.

I am not an expert in crypto. Please let me share my limited knowledge.

It is crypto-sequence, for Ledger, you enter the 24 words, you get a specific key. 12 words from electrum's dictionary contain 256 bits of entropy, the same strength as ECDSA which underlies Bitcoin. Ledger uses 24 words compared to Bitcoin. 'Easier' to hack Bitcoin and get your billions first.



If you enter a 'wrong' 12 or 24 words, you get a different key (which would be useless and empty, because the probability of you matching another person's 12 or 24 words is infinitely small - see the following - (basically at 1000 guesses per sec, it will take 550 years to crack a specific wallet for a 4 word device - imagine how long it will take for a 12 words or 24 words - it is not x12 or x24 but exponential):



https://doc.satoshilabs.com/trezor-faq/_ima...rd_strength.png


So sure, you can take a shot and enter a random 12 word or 24 word. This will allow you to have access to some wallet, which in infinite probability be new and empty. Unless your 12 words or 24 words are not random and created by you - e.g. the 12 words are all apple, apple, apple, apple, apple....

You can always create your own words from random dice rolls from the words in the dictionary if you like. You do not have to use the ones given when you set-up/start the device.

This post has been edited by CoinZin: Jun 8 2017, 04:04 PM

Some of the whales are collective groups, who are going to use crazy amount of gas - in a way, this is economical because they are sending a lot of ETH and they will get priority processing because of the amount of gas used.

No matter how secure your front door is, if your kitchen window is open, a thief would still get in.

I was in the same position as you. I was holding and it keeps bleeding. I cut loss and invested to Ether right before the recent jump.

Mid to long term BAT should rise, but probably ETH would rise more. My 2 cents.

125ETH min.. what they smoking?

This post has been edited by CoinZin: Jun 11 2017, 10:54 PM